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Eduncle posted an MCQ
October 17, 2019 • 23:09 pm 0 points
  • UGC NET
  • Economics

Which one of the following is NOT the method of debt redemption?

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    Eduncle Best Answer

    The following are the nine methods used for the redemption of public debt. The methods are :
    1. Refunding
    2. Use of Budgetary Surplus
    3. Terminal Annuity
    4. Sinking Fund
    5. Debt Conversion
    6. Statutory Reduction in the Rate of Interest
    7. Additional Taxation
    8. Capital Levy
    9. Using Trade Surplus
    Repudiation is NOT an redemption method and hence it is the correct answer.

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